Manager of Accounting, Leap
$115-130k
Plus annual cash bonuses and equity awards
2-3 days a week in office
Launches and operates omnichannel-enabled retail stores
Be an early applicant
Launches and operates omnichannel-enabled retail stores
201-500 employees
Be an early applicant
$115-130k
Plus annual cash bonuses and equity awards
2-3 days a week in office
201-500 employees
Company mission
To bring the world’s best and brightest brands to shoppers.
Role
Who you are
- This role would be suited for an accounting professional with strong business acumen, solid management and leadership skills, and operating + systems development experience, who thrives when working on novel challenges and driving continuous improvement in a dynamic, high growth environment
- Netsuite experience
- CPA preferred
- 5+ years of accounting experience (with experience in lease accounting)
- 3+ years experience leading Accounting teams
- Strong preference for candidates with accounting backgrounds in retail, high-growth startups, and “build-the-department” job roles
- Willingness to be both player and coach in a startup environment where everyone executes
- Proficiency in GAAP accounting and financial statement preparation, including month-end and year-end close process
- Track record of driving transformation and efficiencies in controls and accounting systems
- Strong analytical and technical accounting skills
What the job involves
- We’re in search of a Manager of Accounting who will report to our Controller and work closely with key stakeholders to build teams, processes, systems, and capabilities that scale with and support our rapidly growing business
- Build, lead and manage the Accounting functions including AP and AR
- Foster strong internal relationships with cross-functional teams
- Communicates the strategy to the Accounting team
- Creates a positive team environment
- Build an accounting department as the company grows, including growing the team, creating new processes & efficiencies
- Provide strategic insight and analysis on business, budgeting, and projections
- Directly oversee all aspects of the accounting functions of the organization including brand billing, month-end close, year-end audit, financial statement preparation, cash flow analysis, ERP (NetSuite) maintenance, and internal processes owned by the accounting department
- Evaluate, streamline and recommend improvements to financial systems, processes, and controls to drive operational efficiency
- Oversee the accounting for leases in accordance with ASC 842, ensuring accurate classification, recognition, and disclosure of lease transactions
- Maintain the lease accounting process, including recording lease entries, tracking changes, and reconciling lease-related accounts
- Partner with cross-functional teams to evaluate new lease agreements and amendments, ensuring alignment with accounting standards
- Review and provide analysis of lease-related financial impacts, such as operating versus finance lease decisions and their effects on EBITDA and cash flow reporting
- Issue timely and accurate monthly, quarterly and annual financial statements in accordance with US GAAP
- Provide senior-level oversight to the external audit process for the financial audit as well as bank audits and covenant reporting
- Ensure proper internal controls are in place to support timely and accurate financial reporting while safeguarding corporate assets and ensuring company policies are followed
- Ensure compliance with deadlines, tax payments, and financial regulations
- Manage Insurance company relationships and ensure compliance
- Manage all business administration and corp company registration filings to state and federal regulation
- Handle all tax planning and compliance with required federal, state, local, payroll, property, and other taxes
- Investigate and resolve account discrepancies with efficiency and accuracy
- Timely and accurate financial reporting, supported by insightful analysis and recommendations
- Successful implementation of accounting workflows, systems, and team development initiatives
- Strong collaboration and partnership with cross-functional teams to achieve company objectives
- Team engagement and trust
Our take
While the realm of online shopping has flourished, eCommerce brands have recognized the enduring value of engaging with shoppers in a physical setting. Addressing this demand head-on, Leap has taken the initiative to craft immersive retail experiences tailored for online brands.
Leap's contribution lies in its ability to swiftly establish brick-and-mortar retail stores for eCommerce brands, all while significantly curbing costs and minimizing associated risks. Collaborating closely with landlords, developers, and property brokers, Leap pinpoints optimal locations within top retail corridors and bustling shopping centers. Beyond this, Leap's integrated platform takes charge of essential elements like staffing and invaluable data insights.
A testament to its success, Leap experienced an astounding fourfold surge in sales during 2021, successfully inaugurating 50 stores across a diverse array of eight markets. This achievement stands as a precursor to the infusion of recent capital, poised to fuel Leap's ongoing expansion efforts.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jun 2023
$15m
LATE VC
Jan 2022
$50m
SERIES B
Total funding: $89.5m
Company benefits
- Medical & Dental: Employees who work 30+ hours per week are eligible for medical, dental and vision benefits which include employer contributions. We offer individual, individual + spouse, individual + children and family programs
- Parental Leave: We offer expecting parents 12 weeks of paid time off to bond with their new family members and adjust to their new life
- Wellness Programs: All Leap employees are eligible for assistance in the areas of legal, financial, counselling and other programs at no cost through our Leap wellness program
- Unlimited PTO: We believe taking the time to refuel is important and offer unlimited PTO to corporate employees
- 401k: All Leap employees are eligible to participate in the company's 401 upon 60 days of employment. Our provider gives you access to a simplified investment selection platform that makes it easy to sign up and manage overtime
- Discount on Leading Brands: All employees recieve a 25-50% discount on purchases made from our leading brands
- Employee Referal Incentives: If an employee refers a qualified candidate, we'll reward them with cash if the candidate works for us
- Mass Transit Commute Assistance: Staff are able to make daily commute to work more convenient and affordable by paying for mass transit and parking expenses pre-tax
- Paid Sabbatical: Upon 10 years of service, full time employees receive four weeks of full paid time off
Company values
- Leadership: We believe in empowering those around us. It's about leading by example - always acting with empathy, humility, and a high degree of accountability
- Focus: Greatness is doing the little things well. We strive for success by focusing on the details that matter. There are no shortcuts to our approach, and we strive for success by prioritizing the work that will have the greatest impact on our brands and organization
- Innovation: We leverage technology, design, and expertise wherever we can to better engage customers. We make smart decisions and efficiently manage costs to create meaningful brand experience - without overlooking the fundamentals
- Integrity: We believe in creating high quality but unpretentious experiences which make our customers, brands, and staff, feel good, welcome and uncluded
Company HQ
West Village, New York, NY
Leadership
Amish Tolia
(Co-Founder & CEO)Amish worked their way from investment banking to co-founding multiple companies, including Pear, Viking Investment Management and Brand Innovators Labs.
Jared Golden
(Co-Founder)An entrepreneur with experience building, advising and investing in companies in numerous spaces, Jared has co-founded multiple companies alongside Amish since 2009.
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